Strong Execution on Vision 2028: Delivering 20.9 percent Revenue Growth with Robust 19.6 percent EBITDA Margins in FY26

• Revenue from Operations for FY26 grew by 20.9% to ₹1,212.8 cr as compared to ₹1,002.8 cr in FY25
• Gross Profit grew by 22.8% to ₹511.6 cr in FY26 as compared to ₹416.5 cr in FY25. Gross margin for FY26 stood at 42.2%.
•  EBIDTA for FY26 grew by an impressive 24.8% to ₹237.9 cr as compared to ₹190.6 cr in FY25. EBIDTA margin for FY26 stood at 19.6%.
• PAT for FY26 grew by 2.1% to ₹152.3 cr as compared to ₹149.2 cr in FY25. Adjusted for one-time gains in FY25 relating to sale of shares via IPO-OFS andFair Value gain on shares of Baazar Style Retail Limited, underlying PAT growth on a Y-o-Y basis was stronger. PAT margin for FY26 stood at 12.3%. 

Commenting on the results, Mr. Hemant Jain, Joint Managing Director said:  “We are delighted to report sustained, robust double-digit sales growth of 20.9% for FY26, driven by healthy momentum in both volume and value. These encouraging results validate that the strategic levers outlined in Vision 2028 are well-placed and are delivering results across all our brands. Execution-led operational discipline has enabled us to grow at scale while preserving profitability, resulting in a strong FY26 EBITDA margin of 19.6%.

It also pleasing to share that Kraus Casuals had an outstanding year with high double-digit sales growth backed by an impressive 21%+ EBITDA margin, underscoring seamless integration post-acquisition. The acquisition has not only given us a meaningful entry into womens casualwear market but is alreadycreating value, validating it to be financially accretive and strategically aligned with our growth journey. 

Our focused, multi-pronged distribution strategy – distinct and clearly defined for each brand – was instrumental in driving this performance. With well-laid objectives and execution plans across channels, we saw strong, consistent growth across Brands, validating the strength of our laid out go-to-market approach. Our investments in brand building and distribution remain unwavering. By expanding our EBO network and reinforcing our position in Large Format Stores, we are driving stronger brand visibility and delivering consistent growth.

As we look ahead, our growth levers are firmly in place and delivering as planned. This gives us strong confidence in achieving our Vision 2028 commitments. We enter FY27 with robust momentum and expect to sustain the encouraging performance delivered in FY26, supported by a healthy margin profile and disciplined execution across brands and channels.”